|Received:||6/30/2006 2:17:14 PM|
|Organization:||FKS Development Co.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My husband and I have been IBO's in Quixtar for several years. When we were introduced to the business, we went to an informational meeting, met some of the team members who were successfully building their businesses, given documentation of FTC and BBB approved materials, and told up front that this was an opportunity, not for everyone, and not a "get rich quick" business.Typically, startup fees are under $200, going directly to Quixtar, and will be refunded up to a certain time limit. If a waiting period is imposed,or refernences required, it will decrease the chances that a prospect will remember what was originally stated to them. It also will cause confusion to a prospect also in that the type of information given [business] needs to be received and followed up on as studies show that retention of new information needs to be repeated and questions answered in a timely manner. As far as the litigation clause goes,I do not see a need for this kind of rather tedious and frivilous confusion to be required to be presented to someone who is already getting legally approved business and financial paperwork.As we all know, any sized companies from Walmart on down are sued and in litigation every day. What would happen if a prospective employee of any business would have to be informed of any and all legal proceedings against it before they could apply or be hired? I do realize that there are individuals as well as companies that do not run their businesses within the proper ethical boundaries. But, common sense should prevail here, as there are plenty of laws and regulations on the books already providing protection for any individual as well as businesses.